Quarterly Healthcare Transactions Review: Unveiling the Latest Industry Mergers and Acquisitions [Q2 2024]
Lexology October 7, 2024
Ankura is pleased to present an overview of healthcare services transactions announced or closed during Q2 2024 in the United States. Total transactions decreased by 2.9%t in the second quarter of 2024 after increasing slightly by approximately 0.4% in the first quarter. Compared to Q2 2023, transaction volumes for Q2 2024 were down by 11.9%.
Four Notable Transactions Announced or Closed in Q2 1
- Fielmann Group AG entered into a definitive agreement to acquire Shopko Optical on June 11, 2024, for $290.0 million, implying a 1.7x price-to-revenue multiple. Shopko Optical operates more than 140 optical retail stores across 13 states.
- Tenex Capital Management acquired Behavioral Innovations on May 31, 2024, for $300.0 million, implying approximately an 18x to 19x...